Oracle Execs Sell Stock Near 13-Year High

Exec VP Thomas Kurian and President Mark Hurd sold $64 million in shares.

Two insiders at software giant Oracle sold 1,700,000 shares for $64,141,070, an average of $37.73 each, from Jan. 2 through 7, just after shares hit a 13-year high.

Thomas Kurian, executive vice president of product development, exercised options and sold 1,200,000 Oracle (ticker: ORCL) shares for $45,201,920. Kurian now holds 32,327 shares directly, a stake of less than 1%. Kurian's most recent previous transaction was on Oct. 28,...